Search Site

Trends banner

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

New weekly container ship service to connect Cochin, Chennai ports with MENA

     

    • The new service is jointly operated by a global shipping line –Evergreen Line, and feeder operators–Feedertech and Express Feeders

    • The new service will further boost trade between India and UAE

     

     

    Global logistics company DP World has welcomed a new weekly India South Gulf (ISG) Service at its port terminals in Chennai, Tamil Nadu and Cochin, Kerala, media reports in India said.

    The new service is jointly operated by a global shipping line –Evergreen Line, and feeder operators–Feedertech and Express Feeders.

    The new weekly service will directly connect DP World-operated Chennai Container Terminal (CCT) and International Container Transshipment Terminal (ICTT) at Cochin with the Middle East Region.

    “With the addition of this service, both CCT and ICTT will boast of three direct weekly services to and from the Middle East,” the reports said. “The new service will further boost trade between India and UAE thereby providing customers more options to move their cargo on this key and the fastest growing trade lane”.

    The service, the reports said, will  benefit customers from Kerala and Tamil Nadu as well as those based out of Bangalore who can use rail connections to connect cargo directly to ICTT.

    The service commenced with the call of vessel MV Ever Chant operated by Evergreen Line at Chennai and Cochin. MV Hansa Rotenburg operated by Feedertech was the second vessel deployed on this service.